Chart 15. Percentage-point growth in labor productivity and its components, 10-year compound average annual rates, for selected periods and 2023–33 projected
Year Total factor productivity Capital deepening Cyclical and other

1983–93

 1.1 0.7 -0.1

1993–2003

 1.1 1.6 0.0

2003–13

 0.8 1.2 -0.2

2013–23

 0.6 0.8 -0.1

2023–33 projected

 1.0 0.9 -0.2

Source: U.S. Bureau of Labor Statistics.